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<br /> � � � caida�i�tion a�atl�er�of apy pa�of thc Ptopeity.nr fa cgnveyance ia liea of condairntia�:uel�eby assigned and
<br /> : � sh�i!6e pd fo Lendei. .
<br /> ' � In t�e eveat of a�tatal tairing oF the Ropert9. �he pro�Oedc shil! 6e apptied ta tLe`sum4 sccu�M by tdis Savriry , ..
<br /> In�tswnent.wlkther a na,tl�ert due.vrit6 any oxcss.s paid ta Bortower i�the event of a partial taking of thc Ptopaty in .
<br /> :which tbe fair markst value of the Ptopetty iinmediately bcFare the taking is oqual`to or greuer than tlx amount of the sums -
<br /> secwtd by this Saynity Tn�ment immediateiy befaR thc tal�ing,unkss Bamwer and i ender dhe�rise agree in wiipng.'
<br /> tLe swn.s sxured hy dti�s Savrity Inttct�oxr�t stta116e�cod by the amount af the proceeds multiplicd by tbc[ollowing
<br /> ` fiaction: (a)'ihe tatat amount of the sums sec�ued immedi�ely 6efae the taking.dividod by tb)tM fais matket value af the
<br /> - -= Rvpm�immediafiety.Nt�'�r+c�d�tskin8- +�►m'�i�si�tt be p�d eo Sotrovres �in iiie event�a partiat mk�g of tl�c .
<br /> . ptopetty in wbich the fair rt�rta watoe of the Ptoperty immediuety befarc the taicu�g is kss thui dse amount of the sums ` -
<br /> secu�;�ES'befoc�e the niang.unkss Boemxrer and lateder atherwise Agree in writing or unless applicabk law .
<br /> odxTwist provides.the ppcoods shall 6e appfied to the sums secuced 6y this Socurity Insa�ument wdettxr or nut the sums are
<br /> tLen duG . _ �
<br /> � tf the Pt�np�eX is abondoned by Bamwer,ar if•�after natice by Lsnder to Aor�wer tlwt the condemnor offers�to maice ._
<br /> au awaM or settle a claim fa damage's.Bocrower fa�'is to respaW to Lendei�within 30 days after the date the naice is given. .
<br /> -- • i,etder is wthocized to ooikcc and appiy the pcoceeds,at its optra�.eitt�et to nstorativa a rtpais of the Pmpaty'ar to the
<br /> sums secured by this Securiry Instcument,vrhether or not then due. .
<br /> Unkss l.ender and tiorrower otberwise apre in writing,aay application of proceeds to principal sha!{na eatend or
<br /> postpo��e the duC d�tte of the monthlY WYmeots t�efetred to in paragraphs l and 2 or change thc artwant of su�h payments.
<br /> 1L aarruwer.-Not Rekased; Farbe�uarice By I.eadet Not s VYatver. Exunsion of the time for paymeat or
<br /> modification of afiortjzAtion of the sums secured 6y'ttis Security Instnunent granted by Lender to any suceessor in ineenesc .
<br /> of Bonnwer s6all not qxcat�ta reteasa the lia6ility of the origioal$amwer or Bomower's siiccessors in intenst.Lender
<br /> �l�be�qui�d w ca�nn�ence prcoceedings against any successa�s in interest or refuse to sxtend time for payment or
<br /> oti�ecwise modify an�atizarioa of tbe sums sec�red by this Secucity Insdvment by ceason dF any demar.d made by the origuial
<br /> � ' gomower ar Bonuwa's snccessars in inte�es� My forb�eatanee by Lender in exercising any nght ot remedy shall tat be a
<br /> -— — -- ---KrsiveF-c�€aFp�iude tlie exeneise of any right or�auedy. ` -� --- -
<br /> � 1L SYac�sors s�d A�S Boa�d;J�t aod Severat ldability;Casipers. T[�e covenants and agtameats of this .-
<br /> , Security Instrument shap bind and benefit the successors and assigns of Lender aud Borrower.subject to the provisions of
<br />___ paragraph 17.Baaower�covenants and agc�nents shall be joint and several.My Bamuwer who co-signs this Securiry
<br /> Insuu�r�ent�wt daes mt caecute tLe Note: (a)i�co-s�gning�Secarity Mstitnnent only to mortgage.grarN anci�anvey that -
<br /> � ` Borrimwer's interest a►the Property under the tecros of this Si�ity Instrumen��(b)is not personally obligated tp pay the sums
<br /> -_ —f secuned by this Sceurity Insmumenfi and(c)agrees that I.er�iand any other Borrower may agee to extend�dify,forbear
<br />- 4 ... or�r�ake aay accommadaaons with regard�to the tertas o�'this Sr.curity Instrumeni or tUe Note without that Borrowerk
<br />_ � conseru. -
<br />-- ,. 13. Loan C6arges. If the Joan secured by this Sepprity Insuument is subject to a!aw which sets maximam toan
<br /> - :dti�rges.and that law is finally interpreted so that the irtterzsE or other loan charges collected or to be coltected in connection
<br /> _- � ' w�ic��te loan eac�eed the pem�itted limits.thea: (a)any s�C�an charge shall be redwced by the artwunt necessary to reduce
<br /> _ ; tP��:'�tge to the petmitted IimiC and(b)any sums alrea����ected from Barrower which eaceeded petmiued limits wiA be
<br /> - seF..-:hied to Barower. Lender may chaose to make this refond by reducing the principal awed under the Note or by rriaic�g a
<br /> dii�t.payment to Borrower. If a refund reduces principal.the reduction a�r",;:�be ueated as a partiul prepayment w�thaut any
<br /> - prepapment cfiarge under the Note. • -
<br /> I4. Notkes. Any notice to Borrowet provided for ere ehis Secusiry lnstrument shall be given by delivering it or by
<br /> •� mailing it by first class mait untess applicabte!aw r�quires csw af a�other method.The notice shall be directed to the Ptoperty _
<br /> t Addtess or any other address Borrower designates by n.otire cv Lender. Any notice to l.ender shall be given by first class =
<br /> mail to l.ender's address stated herein or any other address Lender designates by notice to Borrower. Any�otice pravided for =-
<br />= �� in this Securiry lnstrument shali be deemed ta have been given to Borrower or L.ender wtien given as provided in this =
<br />- " P�dPh• =
<br />- IS. Governing Law;3everability. This Security Irasuumene shall be govemed by federal law and the law of the
<br /> _�:; jur�sdletion in whicfi the Property is toeated. In the event ttrs Any provisian or ctaase of this Security Instrument or the Note --
<br /> ' . � conflicKs with applicable law.such conflict shall not affect other provisians of this Security Instrument or the Note which can
<br /> - be given effect withoue the canilicting provision. To this end the provisions of this Security Inctrument and the Note are =
<br /> � declared to be se�erable. °
<br /> 16. Bo�vravier's Copy. Horrower shall be given one conformed co�s of the Note and of this Security lasuumene. =
<br />_ , l7. Ti�nsfer of the Property or a Beneficial Interest in Borrower. �f all or any pzrt of the Property or any interest in �
<br /> '�� = it is sold ar transferrcd Iar if a beneflcial intere�t in Borrowcr is sold or transfcrred a-r�Sarrower is not�a natural person) __
<br /> _' without Lender's prior written consent.Lender may.at its option,require immed�ate pay�ment in full of all sums secured by -
<br /> this Security lnstrumtn� However,this option vhall not be exerciyed by Lcmder if exercise is prohibited by federal law as of __
<br /> the date of this Securiry Instrumcnt.
<br /> - lf l.ender exerclses this vption.Lendet�tra�1 give Borrower notice of acceletation. 'I'he nadce sh�Il provide a period of =
<br /> - not tess than 3d dayfi from the date the notice i4 delivered or mailed within which Boaower must pay all sums secured by thi4
<br /> Sec�rity Instrumerlt. lf Harrowcr Pailx to pay these sumti prior ro thc cxpirution of this perind.Lender may imoke any =
<br /> - remedies permitted by this Sccurity Instrument with��ut fu»her natice or demand on Barr�wer. � �
<br /> - - - -- 18. Bw�rnwer'.v Rigbt to Iteinstate, li'Bonuwcr mccts ccnain rnnciltions, Borrower shall have the right to have F-
<br /> __ fN' enforcement of this Security Tmtrument discantinucd at any time prior eu clie e:�rlier of: lal S days(ar such ather period as . _
<br /> ;`i` SingleFamily..iannie�tadirtAdieNactNIP1)R'�il�'+TRt�t�VT—!%nifotmCuvenant� 9I90 Ipqcr4nfh(k�eeal °
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